Rolling coverage of the latest economic and financial news1.45pm: UK FTSE 100 up 2%Markets rise on hopes for Covid-19 vaccine BoE policymaker predicts ‘incomplete V’ recoveryIntroduction: computer games push inflation upCoronavirus – latest updatesSee all our coronavirus coverage 2.54pm BST Labour MP Angela Eagle asks Rishi Sunak about concerns that his jobs retention scheme, and the ‘eat out to help out’ offer, are badly targeted – and was challenged by the head of HMRC as being bad value.Rishi Sunak replies that he firmly believes the £1,000 bonus for taking back furloughed staff will make a difference, particularly for lower-paid workers. 2.47pm BST Q: What’s the chancellor’s plan to help the hundreds of thousands of small firms who will be indebted once the Covid-19 crisis has ended? Rishi Sunak argues that this isn’t a desperate debt crisis – as corporate debt levels were low by historic standards as we entered the crisis. Continue reading…
Via: BoE's Tenreyro sees 'incomplete V-shaped’ recovery; vaccine hopes lift markets – business live
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…